BBHY

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF

$46.32
+0.00%
Market closed. Last update: 11:56 AM ET

📎 Investment Objective

The JPMorgan BetaBuilders USD High Yield Corporate Bond ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Morningstar US High Yield Bond Index.

Overview

ETF tracking JPMorgan BetaBuilders USD High Yield Corporate Bond ETF

Issuer Other
Inception Date 2016-09-15
Market Cap $632.3M
Average Volume N/A
Dividend Yield 6.13%
52-Week Range $43.87 - $47.09
VWAP $46.38

Performance

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Investment Summary

📎 Investment Objective

The JPMorgan BetaBuilders USD High Yield Corporate Bond ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Morningstar US High Yield Bond Index.

🎯 Investment Strategy

The ETF invests primarily in a portfolio of high-yield, below investment-grade corporate bonds denominated in U.S. dollars. The fund's holdings are designed to provide broad exposure to the U.S. high-yield corporate bond market.

✨ Key Features

  • Provides exposure to the U.S. high-yield corporate bond market
  • Seeks to track the performance of the Morningstar US High Yield Bond Index
  • Invests in a diversified portfolio of high-yield, below investment-grade corporate bonds
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Credit risk: The risk that the issuer of a bond will default on interest or principal payments
  • Interest rate risk: The risk that bond prices will decline as interest rates rise
  • Liquidity risk: The risk that the fund may have difficulty selling certain holdings at the desired time or price
  • High-yield bond risk: High-yield bonds are subject to greater market fluctuations and risk of loss of income and principal than higher-rated securities

👤 Best For

This ETF may be suitable for investors seeking exposure to the U.S. high-yield corporate bond market as part of a diversified fixed-income portfolio. Investors should have a higher risk tolerance and a longer-term investment horizon to withstand the potential volatility associated with high-yield bonds.